Golden Ocean Group Limited Cash Flow - Quarterly (NASDAQ:GOGL)

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$9.13 $0.11 (1.19%) GOGL stock closing price Sep 20, 2018 (Closing)

The Golden Ocean Group Limited cash flow statement is one of the important reports considered by investors doing a fundamental analysis of the company. While its important to look at the Golden Ocean Group Limited debt position, the cash flow statement becomes equally important because public companies use accrual accounting. For example, if a company sells a product which gets counted as Golden Ocean Group Limited revenue but does not convert to cash because it does not receive payment in the same quarter, it affects the cash position for that period. Golden Ocean Group Limited had cash and cash equivalents of $371.98M at beginning of the quarter and $321.66M at quarter end of 2018 Q2. Golden Ocean Group Limited cash flow analysis tells whether or not the company has enough cash for its day to day activities, and for investing for future growth. Golden Ocean Group Limited saw a outflow of $-152.1M from investing activities till 2018 Q2.

View and download details of Golden Ocean Group Limited cash flows for latest & last 40 quarters
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q22018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q1
Net Income Cash Flow
25.66M16.68M-2.34M-29.47M-29.84M-17.87M-127.71M-26.73M-107.45M-68.23M
Depreciation Depletion Amortization Cash-Flow54.43M24.43M98.16M72.51M47.41M22.87M91.38M24.52M43.87M21.77M
Net Increase (Decrease) in Assets Liabilities-17.84M-12.77M-7.13M-14.28M-15.93M-3.73M-6.44M--8.71M-1.67M
Cash From (used in) Discontinued Operations----------
Other Adjustments Net-0.06M-4.85M7.77M8.64M2.95M19.71M-2.26M35.84M26.56M
Net Cash from (used by) Operating Activities
62.2M28.54M93.53M36.52M10.29M4.21M-23.05M-4.22M-36.44M-21.57M
Increase (Decrease) in Prop Plant And Equipment-153.3M-152.09M-25.35M-152.12M-122.54M-112.48M-169.69M-19.45M-154.91M-113.6M
Acquisition Disposition of Subsidiaires----------
Increase (Decrease) in Investments---1M6.25M-1M--0.62M--0.62M-0.62M
Other Cash Inflow (Outflow) from Investment Activities----12.79M-14.28M-2.42M-4.98M2.27M-20.78M-11.83M
Net Cash from (used by) Investment Activities
-152.1M-151.87M-26.03M-158.66M-137.82M-114.91M-175.31M-17.17M-176.32M-126.06M
Issuance (Purchase) of Equity Shares--122.52M58.18M58.18M58.25M205.35M-205.35M205.35M
Issuance (Repayment) of Debt Securities69.42M123.94M-93.62M-25.06M-20.89M48.83M104.23M-11.07M116.47M93.24M
Increase (Decrease) in Bank & Other Borrowings----------
Payment of Dividends & Other Cash Distributions-28.85M-14.42M--------
Other Cash from (used by) Financing Activities-1.2M--0.3M----0.89M--0.89M-
Net Cash from (used by) Financing Activities
39.58M109.73M28.58M33.12M37.28M107.08M308.68M-11.07M320.92M298.59M
Effect of Exchange Rate Changes on Cash----------
Net Change in Cash & Cash Equivalents
-50.32M-13.6M96.08M-89.01M-90.24M-3.61M110.32M-32.47M108.15M150.96M
Cash & Equivalents at Beginning of Year371.98M212.94M102.61M42.22M98.25M79.25M46.84M56.77M7.96M77.99M
Cash & Equivalents at Year End321.66M358.38M309.02M123.92M122.69M209.33M212.94M178.29M210.77M253.58M
All figures in USD. M: Millions of USD, B: Billions of USD.
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The statement of cash flows comprises of cash flow from financing, cash flow from operations and cash flow from investing activities. All the three can have an impact on the stock price. The Golden Ocean Group Limited stock price history and Golden Ocean Group Limited stock comparison chart inevitably reflect its cash flow situation.

  • Net Change in Cash and Cash Equivalents: A positive net change in cash and cash equivalents shows that Golden Ocean Group Limited is able to meet its expenditure and grow cash at hand which demonstrates the financial strength of the company's balance sheet. Also see - Golden Ocean Group Limited stock price movement.
  • Cash Flow from operating activities: Golden Ocean Group Limited reported a positive operating cash flow of $62.2M till 2018 Q2 and has seen an increase from the previous quarter. Operating cash flow comes from main business activities. Investors look for positive cash flow from recurring operating activities.
  • Cash Flow from investment activities: This includes buying/selling of land and equipment, acquisitions and mergers, sell-off, investment in other companies like buying bonds, stocks etc., and was $-152.1M for GOGL till last quarter 2018 Q2 report.
  • Cash flow from financing activities shows the flow of cash between Golden Ocean Group Limited and its owners and creditors and was $39.58M till 2018 Q2. Financing activities allow a company to raise capital, and repay bondholders.

Key Financial Ratios For Golden Ocean Group Limited Cash Flow

FCF margin
0.23

Quarterly Cash Flow Statements For Golden Ocean Group Ltd Peers

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